Escrow Services

What is Escrow?

An escrow is a deposit of funds, deeds or other documents by the principals in a Real Estate Transaction for the delivery to another party upon completion of agreed upon terms. The Escrow Officer is a neutral third party who protects the interests of the principals in the transaction.

Why do I need an escrow?

Escrow ensures that no money or property will change hands until all terms of the Agreement have been satisfied.

What your Escrow Officer does for you:

Receives and holds all funds and for disbursement upon closing

Coordinates with service providers and lien holders to clear title issues and assist with the terms of the sales agreement.

Pays bills and disburses all deposited funds as authorized, such as recording fees, loan and lien payoffs, payments to appraisers, warranty companies or other service providers and seller proceeds

Acts upon instructions from the principals and lenders, and relays necessary communication to all parties
Conducts the loan closing according to the lender’s instructions

Arranges for the issuance of the Owner’s and Lender’s Title Insurance Policies

Closes the escrow and records deeds and security instruments once all terms and conditions have been met

What your Escrow Officer can not do:

Provide legal advice

Negotiate terms of the transaction

Provide investment advice

Act without mutual written instructions from the principals

Why our Escrow Officers are different:

Our Escrow Officers take pride in their work…we never forget that we work for you! Our Escrow Officers tend to have more experience and more practical knowledge then our competition. We regularly put them through on-going training… in fact, most of them teach classes in our industry…

Contact Information

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Equity Title Agency is a member of the Orange Coast Title Family of Companies, who have served the US real estate industry since 1974. During that time, we have provided the best in people and technology to ensure that we close your transaction in a friendly and efficient manner!